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MPAA budget takes $20 million hit
March 02, 2009 Member studios cut more than $20 million from the MPAA budget this year, forcing broad staff and program reductions in a series of steps expected to permanently reduce the scope and size of the six-member studio group. On Monday, Glickman acknowledged recent budget and staff cuts but declined to detail the moves or discuss his contract status. "Virtually every trade association in Washington is suffering cutbacks, and it's reflective of our times," said Glickman, who was hired in 2004 to replace Jack Valenti in the studio groups' top staff position.
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